New 52w lows could be a great time to buy in for some gain over the days/weeks. The short percent has dropped dramatically signalling for a reversal on the horizon. Keep an eye on MA crossings with heavier buying volume.
The short sale volume percent (not short interest) for stock ticker RAD is 19% on Dec 14, 2018. The short sale ...
These are my favorite setups to get long on - cheap stock, huge DWedge paired with bull div on the 1D RSI. Yesterday we saw an inside day and for me that was the signal to go long - convincing break below the wedge and i'll look to exit my positions.
With the rapidly expanding prescription drug market, one may take a flyer out on this stock (Rite Aid). As most of you know Rite Aid sold a vast amount of their stores to Walgreens, but the real story is those stores that were sold were in key geographic locations and created large amounts of revenue. I have been tracking this stock since 2013, and the common ...
Shares of RAD have been brutal to own, but that may be turning around.
After breaking a year-plus downtrend, shares have now moved above their 200 day moving average.
With potential takeover catalysts, high short interest (15%), and improving technicals, there may be some room to run.
I'm long shares and calls, both of which may be added to if this move is ...
RAD seems breaking out a triangle formation in the short term & in the long term it is breaking out a downward channel formation. We think it will continue from here as the breakout was with strong volume.
* Trade Criteria *
Date First Found- January 11, 2018
Pattern/Why- Possible momentum play
Entry Target Criteria- Current price ($2.34)
Exit Target ...